Their expenses outweigh the profits of investment an other income. One can imagine hiring portfolio managers, attorneys, accountants, and other skilled professionals can add up.
@@deeveep1746 one can also imagine not being a clot and being a wise investor and not spending your inheritance lol I am being a bit silly but it does suprise me when such wealth is frittered away
Excellent
What about private trust as family office?
Why are they losing money, its baffling to me?
Their expenses outweigh the profits of investment an other income. One can imagine hiring portfolio managers, attorneys, accountants, and other skilled professionals can add up.
@@deeveep1746 one can also imagine not being a clot and being a wise investor and not spending your inheritance lol I am being a bit silly but it does suprise me when such wealth is frittered away
To save on taxes
@@duamelvellon3112 no they squander it. I've read about this. Greedy kids of the rich
Topic: How to legally scam noncustodial parents!!! You make me sick!